OT: Funny GoFundMe Campaign

[ruhudsonfan]

lulz

http://www.marketwatch.com/story/he...hed-and-now-i-owe-e-trade-10644556-2015-11-19

 

[xxdxpxx]

who the hell shorts a $2 stock anyway?

poor guy didn't even realize that stops don't work after hours

we had a good laugh about this one at work today

 

[RU5781]

OMG...that is why I don't short.

 

[rutgersguy1]

OMG...that is why I don't short.

lol...this is why you stick with monopoly money if you don't know what you're doing.

 

[S.B. Crumb]

 

[RU5781]

lol...this is why you stick with monopoly money if you don't know what you're doing.

Exactly...I winced and cringed during the entire article.

 

[RUbanks]

How greedy/stupid do you have to be to short a bankrupt biotech that's winding down operations? I work in biotech and wouldn't touch penny stocks in the sector, long or short. And as for the reason KBIO exploded, that guy Shkreli (of Turing) bought up most of the shares, supposedly because lenzilumab, KaleBios' lead product which just failed a P2, demonstrated efficacy on its target (GM-CSF), and so he wants to advance lenzilumab into a P1 in CMML. Knowing how tough it would be to take Turing public though in this environment, I wonder if the real reason is he'll just use KBIO's shell to go public via a reverse merger, and lenzilumab is an added bonus he gets for pennies.

 

[RU5781]

How greedy/stupid do you have to be to short a bankrupt biotech that's winding down operations? I work in biotech and wouldn't touch penny stocks in the sector, long or short. And as for the reason KBIO exploded, that guy Shkreli (of Turing) bought up most of the shares, supposedly because lenzilumab, KaleBios' lead product which just failed a P2, demonstrated efficacy on its target (GM-CSF), and so he wants to advance lenzilumab into a P1 in CMML. Knowing how tough it would be to take Turing public though in this environment, I wonder if the real reason is he'll just use KBIO's shell to go public via a reverse merger, and lenzilumab is an added bonus he gets for pennies.

That makes perfect sense actually (I work in pharma).
I did get an extra laugh when I saw that Shkreli was involved.

 

[RUbanks]

That makes perfect sense actually (I work in pharma).
I did get an extra laugh when I saw that Shkreli was involved.

I knew I liked you for some reason!

I have to admit, I kind of like Shkreli...but there is no way things with him end well.

 

[RU5781]

I knew I liked you for some reason!

I have to admit, I kind of like Shkreli...but there is no way things with him end well.

I kind of do too...he has balls, and he did what a lot of other places have done. He just knows how to give it right back, so that's why he's become public enemy number 1.

 

[fatsam98]

Damn. Talk about going 0-1.

 

[RUScrew85]

Exactly...I winced and cringed during the entire article.

Or do all of the above on margin.